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(Solution) - As CEO of your company you ve been going over your

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As CEO of your company, you?ve been going over your financial statements and have noticed something disturbing. You perform a horizontal analysis and find that sales have been increasing at a rate of 3 percent per year, while inventory has risen at a rate of 29 percent per year.
1. Could fraud be occurring? Why or why not?
2. Assuming that fraud is being committed, how would you investigate?


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This question was answered on: Jul 11, 2017

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